A Kellogg Company (NYSE:K) insider lowered their holding by 8.6% earlier this year

By
Simply Wall St
Published
January 20, 2022
NYSE:K
Source: Shutterstock

Viewing insider transactions for Kellogg Company's (NYSE:K ) over the last year, we see that insiders were net sellers. This means that a larger number of shares were sold by insiders in relation to shares purchased.

While insider transactions are not the most important thing when it comes to long-term investing, logic dictates you should pay some attention to whether insiders are buying or selling shares.

View our latest analysis for Kellogg

The Last 12 Months Of Insider Transactions At Kellogg

Over the last year, we can see that the biggest insider sale was by the Senior VP & President of Kellogg North America, Christopher Hood, for US$201k worth of shares, at about US$67.15 per share. That means that an insider was selling shares at around the current price of US$66.60. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. Given that the sale took place at around current prices, it makes us a little cautious but is hardly a major concern. Christopher Hood was the only individual insider to sell shares in the last twelve months.

The chart below shows insider transactions (by companies and individuals) over the last year. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

insider-trading-volume
NYSE:K Insider Trading Volume January 20th 2022

For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.

Does Kellogg Boast High Insider Ownership?

For a common shareholder, it is worth checking how many shares are held by company insiders. We usually like to see fairly high levels of insider ownership. Kellogg insiders own 1.2% of the company, currently worth about US$267m based on the recent share price. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.

So What Does This Data Suggest About Kellogg Insiders?

The fact that there have been no Kellogg insider transactions recently certainly doesn't bother us. While we feel good about high insider ownership of Kellogg, we can't say the same about the selling of shares. While we like knowing what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. You'd be interested to know, that we found 1 warning sign for Kellogg and we suggest you have a look.

But note: Kellogg may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions, but not derivative transactions.

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